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CHINA: Markets Strong As Foreign Ownership Rules Relaxed. 

CHINA
  • Data out showing Hedge Funds Allocating Away from China Equity (source MNI – Market News).
  • Threshold for foreign investment in Chinese firms reduced (source MNI – Market News).
  • Equity markets were positive board with the CSI 300 up +0.70%, Shanghai Comp +0.50% and Shenzhen Comp +1.40%.
     

2yr 1.429%        5yr 1.776%        10yr 2.118% (-2bp)        30yr 2.318%

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  • Data out showing Hedge Funds Allocating Away from China Equity (source MNI – Market News).
  • Threshold for foreign investment in Chinese firms reduced (source MNI – Market News).
  • Equity markets were positive board with the CSI 300 up +0.70%, Shanghai Comp +0.50% and Shenzhen Comp +1.40%.
     

2yr 1.429%        5yr 1.776%        10yr 2.118% (-2bp)        30yr 2.318%